IBM Bolsters AI Capabilities with Seek AI Acquisition, Opens $500M Watsonx AI Labs

Jun 10, 2025
Yahoo Finance
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Summary

IBM fortifies AI prowess by acquiring natural language data querying startup Seek AI and unveiling $500M Watsonx AI Labs in NYC to co-develop enterprise-ready AI solutions for cybersecurity, customer service, and open-source frameworks.

Key Points

  • IBM acquires AI startup Seek AI and launches $500M-backed Watsonx AI Labs in New York City.
  • Seek AI's natural language data querying software becomes a foundational part of the Watsonx AI Labs' technological framework.
  • IBM aims to co-create enterprise-ready AI applications spanning cybersecurity, customer service, and open-source frameworks at the new Manhattan-based lab.

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